with us today, todd of black bay grou group. paul shots of heritage market. and our own rick santelli. paul, i'm going to start with you because you make a bold statement. you feel right now ben bernanke is irrelevant. what do you mean in. >> bill, i think the fed's done the most part, they've laid all their cards on the table. if you're playing poker, they're all in. it's qe unlimited. if $40 billion is not enough, they'll go to $50 billion, $60 billion, $100 billion. each qe has had less of an impact. they're targeting the markets. we all know mortgage rates are at lows. the problem is people can't get mortgages. whether they go down another quarter point, it's not going to matter. the fed is all in. they're going to keep going until it doesn't work. the real solution is in congress. i thing k we all now our politicians aren't adults. it's not going to work. >> rick santelli, what do you think? >> which is why -- >> go ahead, maria. >> go ahead, maria. >> no, no, please. >> i told ltotally agree with p. he nailed it. here's how weird it was today with trade